This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The progress report follows Ship It Zero’s 2023 Report Card , where the campaign graded more than two dozen retailers and shipping carriers on their efforts to decarbonize and develop zero-emission fuels for maritime shipping. I KEA earned a B+ in our 2023 Decarbonization Report Card and was the highest scoring company overall.
He is a globally experienced leader in the maritime industry with extensive operational experience and a proven track record of growing businesses and creating long-term value for customers and stakeholders. The Port of Virginia delivers opportunity by driving business to, and through , the Commonwealth. Stephen’s LinkedIn.
The maritime shipping leg the country of export to the country of import. Then there are the rules of maritime shipping, which become even more complicated if your freight includes hazardous materials. Nevertheless, recent studies reveal that more than 50% of SMEs cite compliance and documentation as presenting a significant challenge.
All the students are Juniors (3rd year) at their university and are a mix of studying to either be a seaman or they are studying marine logistics. They are embarking on a journey to work in the maritime industry and the chance to go abroad to learn about the industry internationally is a great eye-opening opportunity for them.
In politics, it can of course be necessary at times to portray events as relatively simple in order to reach a wider audience. However, when the speech and the underlying fact sheet is studied more closely, it unfortunately contains a range of misconceptions about how the shipping industry works.
The shift to full end-to-end integration, of course, leaves no one else in the middle. The first is size , of course, with Maersk running over 17% of global ocean capacity , but also selling land-services to just under 20% of those same customers. Maersk Growth Case study. Driving the Maersk Shift.
The firms are on course to add 115,000 jobs by 2030, according to the Semiconductor Industry Association — but at current degree completion rates, the group says, nearly three-fifths of those jobs could remain unfilled.
Shipping companies are a particular subject of such sanctions, as they may not be direct entities of US or EU sanctions, although the aforesaid restrictions will anyway affect their interests, as shown in several case studies. various banks). which may prevent from making a gross mistake and, as the result, bearing too high expenses.
Studies were done to show that not all FCL containers are actually fully-utilized. And, of course, Maersk’s new instant booking tool launched in November 2018 provides shippers with a booking confirmation almost instantly after the booking request is submitted. According to an article on Splash247.com,
A 2017 Global Sourcing study from American Shipper magazine found that 58% of shippers said their highest concern today is rising transportation costs. Pain Points Increasing Transportation Costs. No matter how much can be saved from sourcing globally, transportation costs continue to creep in to seriously affect a product’s profit margin.
These costs are, of course, passed along to shippers through bunker adjustment factors (BAFs). Finally, many recent studies show how quickly freight rates may normalize using historical data. Fuel prices are also up 47% from the beginning of the year, also heavily impacting the finances and quarterly reports of steamship lines.
Research confirms that post-Operation Warden Defence leaders were frustrated that Defence reforms had gone too far in starving military logistics capability; the Defence Committee (DC) directed the National Support Policy (NSP) branch to conduct a new study to focus upon how the ADF should approach strategic logistics.
A more recent regulation, issued by the International Maritime Organization in 2020, caps the greenhouse emissions of freight ships at 0.5%–2% Of course, this price increase will result in costlier logistics services, which could lead to a spike in operational expenses. 2% lower than its former level of 3.5%.
Lauren is maritime industry expert & lawyer who specializes in translating FMC regulations and breaking down supply chain silos. Beagen is a seasoned maritime attorney and the founder of Squall Strategies, LLC and The Maritime Professor. About The Maritime Professor. The Maritime Professor??
MARPOL, an organization adopted by the International Maritime Organization of the United Nations (IMO) in 1973, has laid the foundations for regulations on sulfur and particulate emissions from shipping. Over the past decades, maritime transport has grown steadily worldwide. You can download the full study here. as of 1.1.2012
I’d love for it to be sooner rather than later of course, but I can’t make any guarantees quite yet. That said, TradeLens is focusing primarily on Maritime, which we see as an opportunity as it means that intermodal cargo needs a home, and we’re happy to provide it. . TradeLens/IBM, quite honestly.
Of course, West Coast ports may see short-term volume adjustments from trade policies due to concentrated trade with the Asia-Pacific region, a trend observed in the second quarter and third quarter of 2018. Positive expectations. Fitch expects cargo growth to continue to move in step with U.S. GDP in 2019.
Federal Maritime Commission reviewing ‘PierPass 2.0’. Agency has 45 days to study changes planned by Los Angeles and Long Beach terminals. course, peak volumes are also putting a strain on the system. course, peak volumes are also putting a strain on the system. Clean Trucks Program drives toward zero emissions.
Federal Maritime Commission reviewing ‘PierPass 2.0’. Agency has 45 days to study changes planned by Los Angeles and Long Beach terminals. course, peak volumes are also putting a strain on the system. course, peak volumes are also putting a strain on the system. Clean Trucks Program drives toward zero emissions.
His company’s mission is to enable supply chain professionals and teams to solve industry challenges by providing on-demand courses, guides, tools, and mentoring from industry experts. . Stiefel Center for Trade Policy Studies at the Cato Institute in Washington, D.C Ahmed serves as the Founder and CEO of SCMDOJO. Lisa Anderson.
Orca AI is a developer of safety software platforms designed specifically for maritime vessels. The deal sets the lofty goal of deploying 12,000 of Wingcopter’s 198 drone systems over the course of the next 5 years. Recent studies suggest that an estimated one-third or more of US food waste is coming from households.
Of course, those who may not possess all of these skills can easily learn them over time. The Transportation Worker Identification Card (TWIC) is “required by the Maritime Transportation Security Act for workers who need access to secure areas of the nation’s maritime facilities and vessels.” Choosing a Truck Driving School.
Maritime performance in 2021. While the COVID-19 pandemic ravaged global trades, economies, and many industries, the maritime industry seems to have defied the COVID-19 disruption with a less than feared impact in 2020. Maritime trade contracted by 3.8% Maritime Trade. seafarersmatter #seafarersarekeyworkers .
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content